Asked by Tiffany Smith on Jun 29, 2024
Verified
Canada has experienced a growth in the proportion of part-time workers (versus full-time) over the past decade. What is a key reason for this growth?
A) Employers tend to save on compensation and benefits costs.
B) The government is forcing firms to hire on a part-time basis.
C) Unions prefer workers to have part-time jobs.
D) Many full-time jobs are outsourced overseas.
Compensation and Benefits Costs
The total expenses associated with the pay and advantages, like health insurance and retirement plans, provided to employees.
Part-time Workers
Employees who work fewer hours than the full-time schedule, often with reduced benefits and responsibilities.
- Ascertain the effect of benefits packages on the retention and recruitment of staff.
Verified Answer
YG
Yalina GrupstraJul 02, 2024
Final Answer :
A
Explanation :
Employers often hire part-time workers to save on compensation and benefits costs, as they typically provide fewer benefits to part-time employees compared to full-time ones, reducing overall labor expenses.
Learning Objectives
- Ascertain the effect of benefits packages on the retention and recruitment of staff.
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